M&A Deal Summary

XIO Group Acquires Lumenis

On June 18, 2015, asset manager XIO Group acquired medical products company Lumenis for 510M USD

Acquisition Highlights
  • This is XIO Group’s 1st transaction in the Medical Products sector.
  • This is XIO Group’s 2nd largest (disclosed) transaction.
  • This is XIO Group’s 1st transaction in Israel.
Investment Fate
  • Lumenis was sold to a consortium of financial buyers in 2019 for 1.0B USD.

M&A Deal Summary

Date 2015-06-18
Target Lumenis
Sector Medical Products
Buyer(s) XIO Group
Deal Type Going Private
Deal Value 510M USD
Advisor(s) Goldman Sachs (Financial)

Target

Lumenis

Yokneam, Israel
Lumenis is a medical company for surgical, ophthalmology and aesthetic appliances & equipment. Lumenis was founded in 1991 and is based in Yokneam, Isreal.

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Buyer(S) 1

Buyer
DESCRIPTION

Xio Group is an alternative investment firm focused on investing in and growing market-leading and high-performing businesses located across Europe and North America. The Firm looks to partner with management to help these companies expand into new markets, particularly China. Xio Group was formed in 2014 and is based in London.


DEAL STATS #
Overall 2 of 3
Sector: Medical Products M&A 1 of 1
Type: Going Private M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2015 M&A 2 of 2
Size (of disclosed) 2 of 2
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